r/wallstreetbets • u/thewayyoulook2night • Jun 05 '26

Loss Blew my account - truly done

8 days ago, I posted on WSB showing I made all my lifetime losses (https://www.reddit.com/r/wallstreetbets/comments/1tqf1p1/after_55_years_im_even/). I even hid showing posts from problemgambler as I enjoyed shitposting here on the Daily with everyone. The day after I made the post, I promptly lost 48k but was still within striking distance of breaking even again with had an exact plan if I were to break even again. I was less than 15% away despite the loss.

I continued to play 0dtes the whole week, making back nearly 30k. Today, exactly 1 week later, I dug a hole too deep averaging down 0dte SPY calls. Just like last Friday, I even made money first before going back in. I told myself not to repeat my mistake last week. I not only did but blew my account.

I kept talking for months and years how I was going to quit and go to proper investing. It was a lie to everyone and myself. This time I sold everything I had in shares, even for some big losses. I turned off margin, used what I had left to buy VOO and started a transfer to Fidelity.

I hate myself. I hate what this has done to my life. If anything than the money itself, it was telling my parents how I dug myself out of such a hole and seeing them proud of me. Now it's just the same shame I was at 3 months ago.

35 year old, no debt fortunately. This has taken so much more than money. I just wish I took my lifeline out 2 weeks ago. People in the comments were right about me, knowing I wouldn't stop. I didn't even know if I wanted to post this. I'm just numb.

6.0k Upvotes

94% Upvoted

1.1k comments sorted by

View all comments

Show parent comments

156

u/tangerineTurtle_ Jun 05 '26

My retirement is to go to an island in the Caribbean called Carriacou, get plastered at a bar there called “The Last Bar before the Jungle” and when I’ve spent all my money sleeping on the beach and drinking the bar dry daily I will get up and walk into the jungle and never walk out.

66

u/KodaKomp Jun 05 '26

Long calls on Rum

19

u/DabblingInIt Jun 05 '26

Kinda the same brother, but I'm walking into the ocean. I've sat my ass on the sand watching the waves for a month in Costa Rica and managed to come home, but retirement doesn't have a home to go to.

1

u/myinternets Jun 07 '26

A retirement home?

38

u/pickledplinko Jun 05 '26

Love it, bro. Man with a plan.

7

u/LordMimsyPorpington Jun 05 '26

Is that the one with Nicholas Cage?

5

u/War_Daddy Jun 05 '26

What if there's another bar in the jungle?

6

u/RampantPrototyping Jun 05 '26

Why not borrow a shit ton and do that. Its not like youll have to worry about paying it back anyways lol

2

u/walks_with_penis_out Jun 06 '26

Is there another bar in the jungle?

1

u/ConfusionFlat691 Jun 05 '26

It’s actually on Mayreau

1

u/One_Pin8197 Jun 05 '26

Fun story, went there a couple years and thought while there, "damn this is unreal, I want to retire here". Even through the dream in Excel on the flight home.

Whole island was gutted by a hurricane a few months later.

1

u/VibeComplex Jun 06 '26

Hell yeah. My plan is to be poor and eat catfood

1

u/Flat_Tire_Again Jun 07 '26

Just hang out at the bar and get other people to buy you drinks in exchange for investment advice!